Quantum Leap Acquisition Corp

Quantum Leap Acquisition Corp announced that the underwriters of its initial public offering fully exercised their over-allotment option to purchase an additional 3,000,000 units. This brings the total units sold to 23,000,000, resulting in aggregate gross proceeds of $230,000,000. The closing occurred on June 22, 2026, and the securities comprising the units began separate trading on June 23, 2026, with Class A ordinary shares and warrants now listed on the NYSE under "QLEP" and "QLEP WS" respectively.

Quantum Leap Acquisition Corp announced that its Class A ordinary shares and warrants, previously trading as units, will begin separate trading on the New York Stock Exchange on or about June 23, 2026. The shares will trade under "QLEP" and warrants under "QLEP WS." The units, which currently trade under "QLEPU," will cease trading after the separation, with holders automatically receiving the separate securities.

Quantum Leap Acquisition Corp announced a one-day delay in the separate trading of its Class A ordinary shares and warrants. Originally set for June 22, 2026, the separation is now expected on or about June 23, 2026. Following this, holders will automatically receive separate shares (QLEP) and warrants (QLEP WS), and the units (QLEPU) will cease trading on the NYSE. The company completed its IPO of 20,000,000 units on May 4, 2026.

Quantum Leap Acquisition Corp (QLEP) filed its Form 10-Q for the quarterly period ended March 31, 2026. The company reported a net loss of $48,012, with basic and diluted net loss per ordinary share at $0.01. Total expenses for the period amounted to $48,012. As of March 31, 2026, the company's assets totaled $398,860, while liabilities stood at $499,831, resulting in a shareholders' deficit of $100,971. The company had $89,031 in cash.

Quantum Leap Acquisition Corp announced the partial exercise of its underwriter's over-allotment option, generating an additional $9.17 million in gross proceeds. This brings the total funds held in the company's trust account to $211.31 million. However, the accompanying audited balance sheet as of May 12, 2026, includes a report from Adeptus Partners, LLC, raising substantial doubt about the company's ability to continue as a going concern due to limited cash and anticipated significant costs for an acquisition.

Quantum Leap Acquisition Corp successfully closed its initial public offering, raising $200 million by selling 20,000,000 units at $10.00 each. Each unit consists of one Class A ordinary share and one redeemable warrant. Concurrently, the company completed a private placement of 594,500 units to its Sponsor for $5.945 million. Additionally, Richard Jhang, Joel Leonoff, and David Novak were appointed to the board of directors, with Mr. Jhang chairing both the Audit and Compensation Committees.

Quantum Leap Acquisition Corp (QLEP) filed an S-1/A for its initial public offering, seeking to raise $200 million by offering 20,000,000 units at $10.00 each. Each unit includes one Class A ordinary share and one redeemable warrant. The SPAC aims to acquire businesses in artificial intelligence, quantum computing, and blockchain technology, leveraging its management team's expertise. The sponsor, Paddington Partners 88 LLC, will purchase private placement units and founder shares, leading to potential dilution for public shareholders.

Quantum Leap Acquisition Corp filed an S-1 amendment for its initial public offering, seeking to raise $200 million by offering 20 million units at $10.00 each. Each unit comprises one Class A ordinary share and one redeemable warrant. The blank check company intends to pursue a business combination in AI, quantum computing, or blockchain technology within 18 months, excluding targets in Greater China. The filing highlights potential significant dilution for public shareholders due to the sponsor's nominal purchase price for founder shares and anti-dilution rights.

Quantum Leap Acquisition Corp (QLEP) filed an Amendment No. 2 to its S-1 Registration Statement for an initial public offering of 20,000,000 units at $10.00 per unit, aiming to raise $200,000,000. Each unit comprises one Class A ordinary share and one redeemable warrant. The sponsor, Paddington Partners 88 LLC, will purchase 594,500 private placement units for $5,945,000, and $202,000,000 will be placed in a trust account. The blank check company intends to pursue business combinations in AI, quantum computing, and blockchain technology, with units expected to list on the NYSE under "QLEPU".